Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) of the Shikun & Binui Group (TASE: SKBN) in its issuance of public bonds, in which ADO raised NIS 255 million.
The bonds were secured by shares of its subsidiary ADO PROPERTIES S.A.. a Luxemburg company whose shares are traded on the Frankfurt Stock Exchange.
A.D.O. Group Ltd. was represented by Yair Shiloni (Partner), Itamar Ben-Yehuda and Shai Chen.